Lawyers appeal against Ghosn bail rejection as Renault may finally ditch him

Time 9:37 am, January 17, 2019

LAWYERS for ex-Nissan chairman Carlos Ghosn have appealed against a court’s rejection of their request for his release on bail.

Today’s action came two days after the Tokyo District Court turned down the plea by his lawyer and prolonged his detention.

Ghosn, 64, was arrested on November 19 and has been charged with falsifying financial reports by allegedly under-reporting his income, and with breach of trust.

He had led Nissan for two decades and asserted his innocence in court last week – his first public appearance since his arrest.

It comes as media reports say France’s economy minister has asked Nissan’s alliance partner Renault SA to choose a successor to Ghosn as chairman and chief executive. So far, it has only named an acting chairman. Nissan dismissed him as chairman after his arrest as did Mitsubishi, which is also part of the alliance.

Fellow former Nissan executive Greg Kelly, who was similarly arrested and charged with under-reporting Ghosn’s pay, was bailed on 70 million yen (circa £500,000) and released from detention on Christmas Day. He has said that he is innocent as well.

MORE: Carlos Ghosn denied bail by court

MORE: Carlos Ghosn appears in court to protest his innocence

MORE: Greg Kelly released from detention

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